The British want to become best friends Bitcoins

Britain decided to throw his conservatism and become a global center for financial innovation. George Osborne, Chancellor of the Exchequer (in other words, the Minister of Finance) took a course on innovation in mid-2014. In particular, it was announced a public discussion of whether the government should maintain electronic currencies (primarily meant Bitcoin), and how this support should be expressed. The discussion expressed in the report are very reassure fans Cryptocurrency.

As a result of this blatant democratic process, the government has listened to the UK view of ordinary citizens, experts and industry representatives. In general, was decided , that support Cryptocurrency bring the country benefits. Support Plan is as follows:

- Allocate £ 10 million. On research related to this topic
- Develop a system for the protection of customers who use electronic money
- Not to stifle excessive control and licensing of small entrepreneurs working in this direction, so as not to give large companies
undue advantages
- Apply the control of money laundering attempts to Cryptocurrency

Research will deal with the so-called Research Councils (special agencies involved in the development of Arts and Sciences), the newly founded Institute of Sciences of the data to them. Alan Turing and innovation center «Digital Catapult».

The report indicated minimal risks associated with the use Cryptocurrency large criminal syndicates, and the dangers of excessive control over start-ups, trying to raise a new type of financial industry.

In general, the British developers startups involved in the storage and exchange Cryptocurrency, supported relatively "easy "approach in terms of regulation of this sector of the market. Most entrepreneurs do not speak out against the reduction of anonymity Bitcoin users and the need to carry out additional checks on their clients. Skeptics also stress the fact that the government just wants to have access to all financial transactions of citizens, as in the case with public Cryptocurrency chain blocks to do it easier than in the case of the standard banking system.

This approach is different from other countries. For example, according to the results американских public discussions similar, the government found it necessary to license absolutely any activities related to Cryptocurrency up to software development. In Russia, the legal framework while absent, and in fact is considered to be harmful Cryptocurrency "cash equivalents".

Source: geektimes.ru/post/247894/